Third Genders Can Now Open Bank Accounts: RBI

The Reserve Bank of India has got good news for ‘transgenders’. It has decided to avail banking services to them with ease. Aiming at helping transgender people open bank accounts and avail related services, the Reserve Bank of India (RBI) on Thursday directed banks to include a separate column ‘third gender’ along with male and female in all their forms and applications. Respecting Supreme Court’s decision that all constitutional rights in India apply for transgenders also, the RBI decided to provide the same facilities to them as well. RBI announced that orders have been issued to all the banks to implement the same.